Amanda Staveley fell out with David Mellor over Barclays rescue
by Simon Goodley from on (#54JZM)
Former cabinet minister sent financier furious email over delay in payment of 5m in fees
The prominent businesswoman Amanda Staveley fell out with the former cabinet minister David Mellor as the pair worked on securing the billions of pounds that saved Barclays during the 2008 financial crisis, the high court has heard.
Staveley is suing Barclays for up to 1.5bn after her client, Sheikh Mansour bin Zayed Al Nahyan of Abu Dhabi, invested 3.25bn as part of an emergency fundraising 12 years ago. She claims that the UK bank was secretly offering superior terms to Barclays' largest investor, the state of Qatar.
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